At 1-hour chart of EUR/GBP there was formed an “Evening Star” combination which gives a signal of the downward movement. In addition, this candlestick formed near the resistance level 0.8780-0.8790 where also stood Fibonacci correction level 50.0.
A confident pair growth in the second part of the day on Thursday led to setting of a new local maximum of 1.2596, though many market participants were skeptical about this uprise since they are bounding it...
In spite of that the trading for the EUR/USD opened with a small gap downwards on Monday, after that at the meeting of G20, the regulators did not reach one viewpoint regarding banks; the European currency was...
Overview:The downward movement is continuing. The “sell” signal has the target of 1.3386, which is finished off. Therefore, the tendency reversal is expected in the nearest time. The price curve lies below Ishimoku and Chinkou Span –...
Overview:As we have supposed, the downward movement continues. The “sell” signal has the target level at 1.3386, which the price almost reached yesterday, therefore, the level can be considered as finished off. The price fixed below Ishimoku...
On Thursday, the US stock indices increased to a 19-month high. As the growth leaders performed the industrial companies stocks, which were up after the release of the data showing the improvement of the industrial sector conditions.
For the EUR/USD currency pair the key levels remained unchanged.
Speaking about the EUR-JPY pair we were watching a price reach the key level and make an upward pullback in the result of which by far there are no vivid initial conditions in H1 scale for a...
On Tuesday, the US stock indices showed a mixed ending. Dow Jones Industrial Average was down by 3,56 points or by 0,03% to 10969,99 points, having demonstrated only the 6th falling out of the last 27 sessions.
Because of the holidays at the markets in the USA and Europe the trading for the euro-US dollar pair on Friday was under influence of the fundamental data from the US labor markets. Right from first minutes...